Roblox (NYSE:RBLX) Earns Outperform Rating from Wedbush

Roblox (NYSE:RBLX)‘s stock had its “outperform” rating reiterated by Wedbush in a research report issued on Friday,Benzinga reports. They presently have a $65.00 target price on the stock. Wedbush’s price target indicates a potential upside of 36.81% from the company’s previous close.

Several other brokerages have also recently weighed in on RBLX. Needham & Company LLC assumed coverage on shares of Roblox in a research note on Monday, June 29th. They set a “buy” rating on the stock. Roth Capital set a $65.00 price objective on Roblox in a research note on Tuesday, May 5th. Barclays raised Roblox from an “equal weight” rating to an “outperform” rating in a report on Monday, June 29th. Raymond James Financial initiated coverage on Roblox in a research report on Monday, June 29th. They set a “market perform” rating on the stock. Finally, BTIG Research lowered Roblox from a “buy” rating to a “neutral” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $85.85.

Roblox Stock Performance

RBLX opened at $47.51 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.45. The company has a market cap of $31.91 billion, a price-to-earnings ratio of -30.07 and a beta of 1.41. The company’s 50 day moving average is $49.27 and its 200 day moving average is $57.97. Roblox has a 12-month low of $40.15 and a 12-month high of $150.59.

Roblox (NYSE:RBLX) last announced its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.41) by $0.06. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period in the previous year, the business posted ($0.32) earnings per share. The firm’s quarterly revenue was up 43.4% compared to the same quarter last year. On average, equities research analysts predict that Roblox will post -1.39 EPS for the current year.

Roblox declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, May 19th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 9.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In other news, insider Matthew D. Kaufman sold 14,356 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $45.27, for a total value of $649,896.12. Following the completion of the sale, the insider directly owned 349,964 shares of the company’s stock, valued at $15,842,870.28. This represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO David Baszucki sold 50,628 shares of Roblox stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $45.28, for a total transaction of $2,292,435.84. Following the transaction, the chief executive officer owned 852,214 shares in the company, valued at approximately $38,588,249.92. This trade represents a 5.61% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 161,983 shares of company stock valued at $7,580,990. Insiders own 10.05% of the company’s stock.

Institutional Trading of Roblox

Hedge funds have recently bought and sold shares of the stock. Reyes Financial Architecture Inc. lifted its holdings in shares of Roblox by 164.4% in the 4th quarter. Reyes Financial Architecture Inc. now owns 312 shares of the company’s stock valued at $25,000 after acquiring an additional 194 shares during the last quarter. Hanson & Doremus Investment Management bought a new stake in Roblox during the first quarter worth approximately $25,000. Fideuram Asset Management Ireland dac bought a new stake in Roblox during the fourth quarter worth approximately $27,000. Basecamp Wealth Advisors LLC raised its position in Roblox by 98.8% during the first quarter. Basecamp Wealth Advisors LLC now owns 507 shares of the company’s stock valued at $29,000 after purchasing an additional 252 shares during the period. Finally, GW&K Investment Management LLC raised its position in Roblox by 76.3% during the fourth quarter. GW&K Investment Management LLC now owns 372 shares of the company’s stock valued at $30,000 after purchasing an additional 161 shares during the period. Hedge funds and other institutional investors own 94.46% of the company’s stock.

Key Headlines Impacting Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Wedbush reaffirmed its Outperform rating on Roblox and kept a $65 price target, implying meaningful upside from current levels. Benzinga report on Wedbush rating reaffirmation
• Neutral Sentiment: Roblox remains scheduled to report earnings soon, keeping investors focused on user-growth trends, monetization, and management commentary around platform engagement. Roblox to Release Earnings on Thursday
• Neutral Sentiment: Several law firms issued updated notices about an existing securities class action, including expanded class-period reminders and approaching lead-plaintiff deadlines. These headlines add legal overhang, but they are largely procedural unless new allegations materially change the case. Roblox Deadline: RBLX Investors with Losses in Excess of $100K Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit
• Negative Sentiment: Wedbush trimmed fiscal 2026 estimates, citing near-term user-growth pressure tied to age-verification friction that may be limiting platform access and slowing engagement. Roblox estimates trimmed by Wedbush ahead of second quarter results

Roblox Company Profile

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.